Avantis Real Estate ETF (NYSEARCA:AVRE) Short Interest Down 51.4% in January

by · The Markets Daily

Avantis Real Estate ETF (NYSEARCA:AVRE – Get Free Report) saw a large decline in short interest during the month of January. As of January 15th, there was short interest totaling 18,492 shares, a decline of 51.4% from the December 31st total of 38,015 shares. Based on an average trading volume of 62,688 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company’s shares are short sold. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 62,688 shares, the short-interest ratio is currently 0.3 days.

Avantis Real Estate ETF Price Performance

Avantis Real Estate ETF stock traded down $0.14 during trading hours on Friday, reaching $44.73. The company had a trading volume of 41,994 shares, compared to its average volume of 56,675. Avantis Real Estate ETF has a 12-month low of $37.71 and a 12-month high of $45.43. The company has a 50-day moving average price of $44.03 and a 200 day moving average price of $44.26. The firm has a market cap of $697.79 million, a price-to-earnings ratio of 28.60 and a beta of 0.93.

Institutional Investors Weigh In On Avantis Real Estate ETF

Several institutional investors have recently added to or reduced their stakes in the company. Focus Partners Advisor Solutions LLC increased its position in shares of Avantis Real Estate ETF by 96.8% in the third quarter. Focus Partners Advisor Solutions LLC now owns 634,648 shares of the company’s stock valued at $28,190,000 after acquiring an additional 312,084 shares during the period. Financial Plan Inc. bought a new stake in shares of Avantis Real Estate ETF in the fourth quarter worth about $26,155,000. Nicolet Advisory Services LLC increased its holdings in Avantis Real Estate ETF by 46.7% during the 3rd quarter. Nicolet Advisory Services LLC now owns 478,625 shares of the company’s stock valued at $21,103,000 after purchasing an additional 152,261 shares during the period. Quantum Financial Advisors LLC raised its position in Avantis Real Estate ETF by 6.4% during the 4th quarter. Quantum Financial Advisors LLC now owns 409,559 shares of the company’s stock valued at $17,828,000 after purchasing an additional 24,568 shares during the last quarter. Finally, ShankerValleau Wealth Advisors Inc. raised its position in Avantis Real Estate ETF by 7.2% during the 4th quarter. ShankerValleau Wealth Advisors Inc. now owns 384,059 shares of the company’s stock valued at $16,718,000 after purchasing an additional 25,782 shares during the last quarter.

Avantis Real Estate ETF Company Profile

(Get Free Report)

The Avantis Real Estate ETF (AVRE) is an exchange-traded fund that is based on the S&P Global REIT index. The fund is an actively managed fund that provides broad exposure to real estate securities around the world. AVRE was launched on Sep 28, 2021 and is managed by American Century Investments.

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